Definitions for "Robinson-Patman Act"
Federal legislation prohibiting firms engaged in interstate commerce from charging different buyers different prices for the same goods unless there is a difference in costs or if the price does not restrict competition.
Bars manufacturers and wholesalers from discrimination in price or sales terms in selling to individual retailers if these retailers are purchasing products of "like quality" and the effect of such discrimination would be to injure competition.
An amendment to the Clayton Act which deals with price discrimination.